Live Nation CEO Pays Nearly $15 Million for Los Angeles Properties

Michael Rapino, chief executive of concert-industry giant Live Nation, has paid $14.75 million for two adjacent properties in Brentwood, an exclusive area on the westside of Los Angeles, according to two people close to the transaction.

Together, the two parcels span nearly 2 acres. The main home on the property is more than 11,000 square feet with five bedrooms and nine bathrooms. A second house on the property is just under 2,400 square feet and has three bedrooms, three bathrooms.

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